Netflix in a multi-million dollar deal took a massive leap last year in its commitment to becoming a major movie player by purchasing Albuquerque Studios and making it the streaming giant’s U.S. production hub.
Albuquerque Studios at Mesa del Sol includes nine sound stages, production offices and a backlot.
Ty Warren, Netflix vice president for physical production, previously told the Journal that between the infrastructure and existing crew base in New Mexico, it was a win for the company to move here.
“I think you look at the amount of content that we’re making, specifically, here in Albuquerque, and we’re making a large piece of content here, it makes economic sense for us to have a hub here since the content we’re creating is here” Warren said.
The state’s track record “has been good by producing high-quality films and series. That is what intrigued us,” he said. “There’s also the support of the community and relationships coming out of us being there.”
Netflix even has seat on the board of the Albuquerque Chamber of Commerce.
The company’s New Mexico projects already have included the Emmy-winning Western series “Godless,” as well as “Longmire,” “Chambers,” “Messiah,” “The Ridiculous 6,” “Daybreak,” “The Ballad of Buster Scruggs” and “Walk. Ride. Rodeo.”
A “conservative estimate” is that the purchase of Albuquerque Studios will produce an additional 1,000 jobs per year to the state.
As part of the purchase agreement, Netflix committed to direct spending on its own productions here of at least $600 million in the first five years occupying the studio, and $400 million in direct and indirect spending, which includes leasing the facility to other production companies, in the following five years.
And the studio acquisition is expected benefit other major studios in New Mexico – I-25 Studios, Garson Studios, Santa Fe Studios and Las Cruces Studios – as other productions seek studio space.
Albuquerque has regularly been ranked in the top 10 of the trade magazine Moviemaker’s best places to be a filmmaker.